Examples of Board of Executive Officers in a sentence
Under the Executive Officer System, the Company makes decisions on important matters related to business execution after proposing and discussing the matters at meetings of the Board of Executive Officers before presenting them to the Board of Directors in accordance with the regulations.
The Company develops a framework that allows full-time Auditors to check important matters sequentially through attendance at meetings of the Board of Executive Officers and reports on the details of internal approval (approval by Division Director or higher).
It is worth noting that the state of Rio Grande do Sul is responsible for appointing the majority of the members of the Board of Directors and all members of the Board of Executive Officers.
Also, the Company requires the risks of each company to be reported as necessary at the meetings of the Board of Directors and the Board of Executive Officers, etc., which is held regularly.
Due to the increase in free float and consequent expansion of the shareholding base, members for the Bank’s Board of Directors and Board of Executive Officers were elected by our preferred shareholders.